US Daily Cash Deficit 8/13/2013

The Cash Deficit for 8/13/2013 was $6.0B with revenues underperforming compared to last year…primarily due to excise tax receipts…we will probably catch back up on those tomorrow. But as it stands, the cash deficit for August 2013 is $58B, $13B under last year, though adjusted for the timing of SS payments $12B…we are pretty much in line with decreased outlays being offset by decreased revenues. We will likely see a ~5-$10B deficit on Wednesday, and $30-40B deficit Thursday…followed by a wash on Friday, ending the week around $100B for the month.

08-13-2013 USDD


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